Chinas Belt and Road Initiative will boost tourism, transport and trade with Thailand

Travel and Lifestyle Press Releases Thursday August 30, 2018 12:11
Bangkok--30 Aug--TAT Inter PR Division

The Thai tourism industry will be a major beneficiary of China's Belt and Road Initiative (BRI) as the Royal Thai Government moves rapidly to take advantage of the increased investment and trade opportunities it will create, not just within Thailand but across the ASEAN and ACMECS regions.

Addressing the Thailand-China Business Forum 2018 on 24 August, Deputy Prime Minister Dr. Somkid Jatusripitak said that the kingdom's strategic location at the heart of ASEAN, its long-standing trade and economic cooperation with China and many other regional countries, as well as its growing multi-modal transport linkages are all great competitive advantages which present enormous opportunities to Chinese investors.

He said the Thai government has developed a number of infrastructure projects and special initiatives; such as, the Eastern Economic Corridor of Innovation (EECi), to serve as an incubator hub for startups and human resource development in targeted industries including digital and software development, high value-added products from natural rubber, electric vehicles and automotive parts, machinery and parts, automation and robotics, telecommunication products and parts, biotechnology, electronics and parts, and the manufacture and repair of aerospace technologies.

Tourism Authority of Thailand Governor Mr. Yuthasak Supasorn said that all this economic activity would give a further boost to Chinese visitor arrivals to Thailand, especially in high-spending sectors; such as, MICE and business travel.

Chinese visitor arrivals to Thailand are already at record-breaking levels. In the first half of 2018, Chinese visitors totalled six million and will cross the 10 million mark.

Latest Press Release

Dubais Exceptional City Shopping Retreat Address Dubai Mall by Emaar Hospitality Group Welcomes Guests With New Look and Sparkle

With nearly 97 per cent of Dubai's tourists visiting The Dubai Mall, it is no surprise it has earned the title of the world's most visited destination. Visitors to the mall, located in the heart of Downtown Dubai, the iconic mega-development featuring...

TAT to promote Muslim-friendly tourism agenda at Thailand Halal Assembly

The Tourism Authority of Thailand (TAT) is to again organise a special seminar and one-day tour to promote Thailand as Muslim Friendly Destination on 15-16 December during the annual Thailand Halal Assembly 2018 to be held at the Bangkok International...

Photo Release: THAI Serves Special Christmas Menu on 4 European Routes to Bangkok

Thai Airways International Public Company Limited (THAI) will offer special Christmas menus prepared by Do & Co, a leading airline catering company in Europe, to Royal First Class and Royal Silk Class passengers traveling on flights from Frankfurt,...

Priority Pass introduces 800+ offers for its Members

- Members can now enjoy hundreds of Members' offers towards food, drink, shopping and spa services through merchant partnership at the airport Priority Pass, the original and market-leading airport experiences programme, has introduced offers which give...

ANA Brings PayPal Compatibility to Online Booking

- ANA joins growing list of airlines incorporating PayPal as a method of digital payment at a time when PayPal is gaining more popularity in Asia. All Nippon Airways (ANA), Japan's largest and 5-star airline for six consecutive years, is expanding...

Related Topics